Rice University experts at the Baker Institute for Public Policy argue in an issue brief that the trade deal with the U.S. and China should be reinterpreted to allow for better long-term benefits relating to oil and gas.

The Pipeline and Hazardous Materials Safety Administration issued a stay on enforcement, applicable only to requirements for pipeline operator employee qualifications and training and for hazardous material carriers.

GlobalData reports that permian operators will remain forced to reduce their capex given the uncertainty generated by low oil demand and the coronavirus (COVID-19) related economic downturn as well as an oil flood by Russia and Saudi Arabia.